What was the Latin American economy based off of in the 1900s?
Foodstuffs and raw materials
What did Argentina export?
Beef and wheat
What did Chile export
nitrates and copper
What did Brazil export
coffee and cotton
What did Cuba export
sugar
What did Central America export
bananas
Who replaced Britain as an investor in Latin America?
America
Where did U.S. investors put their money?
production facilities and self-run companies
What did Central American independent republics rely on economically?
wealthy nations
Who owned United Fruit Co.?
the U.S.
What did the United Fruit Company own?
land, packing plants, and railroads in Central America
Where did American firms gain control of copper-mining?
Chile and Peru
Where did American firms gain control of the oil industry?
Mexico, Peru, and Bolivia
What made people view America as an imperialist power?
growing nationalist awareness
What were U.S. profits used for in the government?
keeping dictators in power
Who was Juan Vicente Gomez
Venezuelan dictator who had closed ties to the U.S.
Where did America intervene with their military the most?
Central America and the Caribbean
What year was the Good Neighbor Policy enacted?
1933
Who enacted the Good Neighbor Policy?
FDR
what was the Good Neighbor Policy?
rejected the use of U.S. military force in Latin America
In what year did the U.S. withdraw their last marines in Haiti
1934
After withdrawing troops from Haiti, what was accomplished?
for the first time in 30 years, there were no troops stationed in Latin America
Was the Great Depression beneficial for the Latin American economy?
no
Which Latin American exports went down due to the Great Depression?
Coffee, sugar, metals, and meat